Skip main navigation
Sold for $4,070,000 on 11/28/22
  • Listing Provided by: 

    Tyler Leeson DRE #01451551 949-419-3200,

    Marcus & Millichap RE Invest

    $4,070,000

    8711 La Salle St, Cypress, CA 90630

    --beds
    --baths
    8,456sqft
    Multi Family
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $481/sqft
    $3,357 Estimated rent

    What's special

    8711 La Salle Street is an 8-unit multifamily investment property located in Cypress, CA. Built in 1986, 8711 La Salle Street offers an attractive mix of two and three-bedroom units and amenities including ample surface parking, private patios and balconies (select units), and on-site laundry. With strong recent market trends, including a 9.2 percent year-over-year increase in 2021 for average effective rents in the Buena Park/Cypress submarket, the property offers a unique value-add opportunity. 8711 La Salle Street is within walking distance of King Elementary School as well as retail centers along Lincoln Avenue, providing residents with convenient access to everyday needs. The property is situated less than 1.5 miles from Cypress College, a major employer and housing driver for the city. Additionally, the property benefits from its close proximity to State Route 91 and Interstate 605, providing residents with convenient access to employment hubs throughout Orange and Los Angeles Counties.

    Zillow last checked: 7 hours ago

    Listing updated: November 28, 2022 at 03:43pm

    Listing Provided by:

    Tyler Leeson DRE #01451551 949-419-3200,

    Marcus & Millichap RE Invest

    Bought with:

    Betsy Hutchinson, DRE #01998246

    Coldwell Banker Realty

    Source: CRMLS,MLS#: OC22187232MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 8,456
    • Total interior livable area: 8,456 sqft

    Property

    Parking
    • Total spaces: 14
    • Uncovered spaces: 14
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 0.35 Acres
    • Features: Street Level
    Details
    • Parcel number: 26232211
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks
    Location
    • Region: Cypress

    HOA & financial

    Other financial information
    • Total actual rent: 17723

    Other

    Other facts
    • Listing terms: Cash to New Loan,1031 Exchange
    Services availability